By: Benzinga
UPDATE: Goldman Sachs Reiterates Neutral Rating, Raises PT on Sina Corp. on 4Q12 Revenues
In a report published Wednesday, Goldman Sachs reiterated its Neutral rating on Sina Corp. (NASDAQ: SINA ), and slightly raised its price target from $57.00 to $58.00. Goldman Sachs noted, “Sina reported 4Q12 non-GAAP net revenues of $134.4mn, in line with GSe/Bloomberg consensus. Non-GAAP operating profit was 10% above GSe,
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